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A rare find in Portland area's tight industrial market

LAURIE SCHREIBER |

The $2.015 million sale of an industrial building is an increasingly rare occurrence for the Portland area, where a tight industrial market is driving investors to localities further afield.

DeLorme-Garmin deal: Store to close, future of Gazetteer still unknown

More details have emerged about the sale of the iconic Maine navigational company DeLorme to the Swiss-based Garmin that was announced on Thursday.

No bull here: ImmuCell moves ahead with expansion plans

A Portland-based animal health products manufacturer is moving ahead with expansion plans for production after it closed a public offering of 1.1 million shares to raise $5.3 million to fund the...

Maine navigational company DeLorme to be purchased by Garmin

Kevin Steeves |

Eartha, the iconic blue globe that has greeted travelers and Maine-natives alike as they travel south on Interstate 295 is soon to be under new ownership, as the Yarmouth-based navigation company...

MTI awards $71K to small businesses across the state

The Maine Technology Institute on Tuesday approved four grant applications for the month of January totaling over $71,000 to four business in the state that specialize in advancements in the fields...

Saco to work with developer over back taxes

The city of Saco said it will try to work with Saco Island East LLC,, the developer of a proposed office building on Saco Island, to pay the developer's tax debt rather than foreclose, the Journal...

Relationships key to a South Portland deal

LAURIE SCHREIBER |

A 15,800-square-foot office and medical building wasn't on the market. But T+T Development, who built it as an investment in 2001, had indicated to brokers Katie Millett and Thomas Moulton, who are...

New Portland Tiki lounge leverages trend

Jason Loring, who owns Portland hotspots Slab and Nosh, has opened a third eatery, the Polynesian-themed Tiki lounge Rhum with his partner Mike Fraser, the Bangor Daily News reported.

WEX beats analysts' projections, but stock drops

James McCarthy |

WEX Inc. reported today financial results for the three months ended Dec. 31, 2015, with total revenue for the fourth quarter increasing slightly year-over-year at $212.6 million compared with $211.9...

MCED, CEI get federal innovation awards

Lori Valigra |

The Maine Center for Entrepreneurial Development and Coastal Enterprises Inc. are among 25 awardees nationwide sharing $10 million under the Economic Development Administration's 2015 Regional...

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